Petroleum Industry

American and European stock markets have been jumpy for weeks as they contemplate possible armed conflict between Russia and Ukraine. Inside Ukraine, certainly, Kiev's forces have been pushing back separatists supported by Moscow , and they've been surprisingly successful in the eyes of many, perhaps including Moscow, and have thus increased fears of a more direct Russian intervention. But while rumors of clashes last week contributed to the latest burst of market volatility, evidence of actual hostilities between national armies is scarce. Ironically, while Western capital markets remain attentive to Ukraine's future, President Obama seems detached and uninterested. Indeed,...

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At first I thought it was too early to look ahead at the new attractions coming to U.S. theme parks in 2015, but then I realized a number of big rides have already been announced and many more are already in the planning stages.
It already seems like...

— Before Congress hit the road for a five-week summer break, lawmakers checked one item off their to-do list: saving the federal Highway Trust Fund from running out of money within days.But that nearly $11 billion fix only pays for road and bridge repairs...

OKLAHOMA CITY (Reuters) - More than $17 billion of Oklahoma oilman Harold Hamm's fortune could be subject to division with his estranged wife, according to an economic analysis presented in their divorce trial, defining the stakes in one of the biggest...

Gas prices have swung again — but this time in favor of motorists.
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SunnySide Supply, a safety equipment business in Washington County, is growing by leaps and bounds thanks to Marcellus Shale development.
Today, SunnySide employs 15 workers — up from five in 2008 — and owner Paul Battista is proud of the well-paying...

Manufacturers' group slams Wolf TV adTom Wolf, the Democratic candidate for governor, last week released a TV ad touting Pennsylvania's manufacturing industry as a gateway to middle-class jobs.In the ad, Wolf walks through a plant, heaping praise...

The Marcellus Shale is growing up, and the growing pains aren't over.After years of cautionary comments that the natural gas drilling boom was in its infancy, the industry is showing signs of moving to a different stage.With more than 8,000 shale wells...

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PPL Electric Utilities has plans to build a new electricity transmission network that would span Pennsylvania and branch into New York, Maryland and New Jersey, the utility announced Thursday.
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What have future generations ever done for us?
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Mr....

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Ben Franklin Technology Partners of Northeastern Pennsylvania has approved $600,000 in loans and grants for 10 companies and manufacturers, the organization announced Monday.Seven recipients awarded loans are based in the Lehigh Valley:• Cerora Inc. of...

Former British Open champion Tony Jacklin took a leaf out of Muhammad Ali's book on Wednesday by declaring that Tiger Woods could be ready to shock the golfing world at this week's British Open.Many pundits have written off the 38-year-old American's...